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  1. The_Krakenite

    Gold vs bitcoin ...

    This is not proof of anything, but a flawed argument. It is the same argument that was used to defend Tera Luna after it showed de-pegging during the covid sell-off, but then arbed back to normalcy (for a while). No matter how many times it was brought up Luna was going to collapse (for what...
  2. The_Krakenite

    Gold vs bitcoin ...

    IIRC even SBF said himself in Lewis' book... the Tether guys were the most sketchy as hell he dealt with. That should be pretty telling what's coming.
  3. The_Krakenite

    Gold vs bitcoin ...

    Please note: To be very generous, this only shows the erosion of value up to 2020... :sneaky:
  4. The_Krakenite

    Gold vs bitcoin ...

    Actually, in Canada you can only cover food or shelter. Both are impossible at the same time. Even the armed forces are now living off food banks to eat (no joke). The joke is... Canada has the richest wealth of natural resources per capita, and yet, we are the poorest nation out of the G7 and...
  5. The_Krakenite

    MSTR -- To get out or not...

    Really? The only thing they seem to understand in their twisted view of the world is DEI...
  6. The_Krakenite

    Gold vs bitcoin ...

    The problem with Bitcoin, is if it gets too pricey, there will be a war and demand for a re-set by those who missed out.
  7. The_Krakenite

    Dusting off my LEAPs again...

    Friday March 22... I added two more positions to the option's holdings. BTDR (BitDeer) - There was a little pullback again, so I couldn't resist just adding 5 more short-puts on this for the June contracts. MET (FOP) - Finally, I added some micro-ether future options again. I had been bottom...
  8. The_Krakenite

    MSTR -- To get out or not...

    Seems the comments section turned into quite a heated topic over at Seeking Alpha on this one. :D MicroStrategy: A Bad Deal For Investors https://seekingalpha.com/article/4679576-microstrategy-bad-deal-for-investors MicroStrategy is the largest corporate owner of Bitcoin and just raised more...
  9. The_Krakenite

    What are you presently reading?

    So, I just finished reading the PULSE System now, lol. I didn't even get to figure out what that meant until I read the glossary at the back where he defines this: PULSE System - A propriety system for trading options. PULSE is an acronym for Potential for Profit, Upside Reward, Low Risk...
  10. The_Krakenite

    Other benefits and opportunities T+1 brings

    Canadians pay the highest commissions in the world (and have been for decades). Not Europe. This is because of the Oligarchy system of only 5 (now 6) banks here, protected by the government and its anti-competition clause). This only very recently changed with FinTech FINALLY allowed to compete...
  11. The_Krakenite

    Other benefits and opportunities T+1 brings

    The sad part, if it weren't for crypto, there wouldn't have been a push for this...
  12. The_Krakenite

    SBF jailed

    Let's not try to play obtuse here... You should know clearly well that both she and SBF worked at Jane Street long before they swapped trading assets for crypto. Her position was in the equities trading desk. Let's not try to paint her up as some innocent damsel in distress. Then again, maybe...
  13. The_Krakenite

    Baron's Crypto Trading Journal

    Or, you could wait until 2027 when Tether brings Bitcoin down into negative territory like a WTI oil contract :)
  14. The_Krakenite

    SBF jailed

    That would have been Jane Street.
  15. The_Krakenite

    SBF jailed

    "-the real criminal". So why did she try so hard to hide and evade authorities?
  16. The_Krakenite

    SBF jailed

    So... about the CEO of... you know, Alameda, where it all happened. What happens to her? (shocker I know) The media doesn't talk about her evading the FBI and fleeing... and then getting tracked down by her cell phone and busted by swat agents. So... ahem... about her not helping authorities...
  17. The_Krakenite

    Baron's Crypto Trading Journal

    I'd rather not. I own the Alchemy of Finance, and re-read it right after reading it as I could not make any sense of the gibberish. Even Soros admits he had trouble trying to make any sense of what he wrote for the first draft. I gave up and figured either it was nonsense or I was too stupid...
  18. The_Krakenite

    Still desperate for rate cuts ....

    Fun fact, Geithner said they didn't go after the banksters, because the team was more focused on trying to avoid the world from melting down, rather than pointing fingers... Another fun fact, Geithner also got into troubles for tax-evasion...
  19. The_Krakenite

    Still desperate for rate cuts ....

    Who was it that set up the open-border policy of every illegal gain free healthcare, free cash, free housing (5-star hotels), free free free (yet the taxpayer who funds it is left homeless). Who is it that allows those with a criminal history 20 pages long to still be welcomed with open arms...
  20. The_Krakenite

    Bitcoin price projection

    If the president with Alzheimer's succeeds with this extra miner TAX plan... the miners will simply disappear from the US and set up shop in Canada (tax breaks to miners there), and other countries like Argentina (very good energy deals), etc. Then the miner-tax will be shifted into OTHER...
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